When was property at 408 Indies Drive built and last sold?

The property at 408 Indies Drive was built in 2003 and last sold on May 25, 2022 for $3,850,000.

How much is this home worth?

The estimated value of the home located at 408 Indies Drive is $0.

What are some comparable homes to 408 Indies Drive?

There are currently no comparable homes to 408 Indies Drive.

Orchid

32963

408 Indies Drive

Sold on Feb 7, 2022

Map

$3,765,000

● House - Off Market

408 Indies Drive

Vero Beach, FL 32963

4 Beds

5 Baths, 1 Half Bath

4,941 Ft²

$3,896,011

RealtyHop Estimate

5.30%

Since Mar 1, 2022

National-US

Primary Model

About This Property

This magnificent estate home is a timeless masterpiece! 4 bed & 5.1 bath, exquisite architecture & millwork throughout, gourmet kitchen, den, and private guest suite on 2nd floor. Relax by the pool while enjoying breathtaking water views or entertain under the covered patio with summer kitchen. This gem is located in Orchid Island Golf & Beach Club! Sizes approximate & subject to error

Unit Size

4,941 Ft²

Days on Market

52 days

Land Size

0.45 acres

Price per sqft

$749

Property Type

House

Property Taxes

$1,344

HOA Dues

$360

Year Built

2003

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R10764878)

Price History

Date / Event	Date	Event
May 26, 2022	Sold	Premium
Sold
Feb 9, 2022	Sold	Premium
Sold
Dec 13, 2021	Listed by Orchid Island Realty	$3,700,000
Listed by Orchid Island Realty
Jul 17, 2007	Sold	Premium
Sold
Apr 5, 2002	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

With View

Building Info

Overview

General

Year Built: 2003

Effective Year Built: 2003
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 6
Full Bathrooms: 5
Partial Bathrooms: 6
Bathroom Plumbing Fixtures: 19
Building Condition: 0
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 18
Floor Count: 200
Living Units: 1
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 922
Parking Space Count: 4
Patio Type: 55
Porch Type: 111
Pool Type: 8
Location Influence Type: 101

Dimensions

Lot Size Square Feet: 19,602

Lot Size Depth Feet: 1,986
Lot Size Frontage Feet: 1,003
Total Building Area: 5,814
Gross Building Area: 6,034
Building Area: 4,892
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 4,892
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ORCHID ISLAND PLAT 15
Land Acres: 0000000450
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: ORCHID ISLAND PLAT 15 LOT 185 PBI 15-30

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: RS-3

Geography

Parcel: 31-39-22-00008-0000-00185.0

Lot: 185
Meridian: SEC 22 TWN 31S RNG 39E
Municipality: TOWN OF ORCHID
Latitude: 27.7699
Longitude: -80.4142

Address

Full Address: 408 Indies Dr

Address - House Number: 408
Address - Street Name: Indies
Address - Suffix Type: Dr
State: FL
City Name: Vero Beach
Carrier Code: R024
4-Digit Zip Code: 9504
Zip Code: 32963

Valuation

Tax

Total Area: 5,662

Tax Year: 2022
Tax Amount: $1,573,618
Tax Rate Code Area: 9

Appraisal Valuation

Standard Deviation: 0.2132

Valuation Date: Jan 03, 2024
Confidence Score: 70
Final Value: 2,886,681
High Value: 3,502,305
Low Value: 2,271,058

Market Valuation

Market Total Value: $1,538,740

Market Land Value: $383,533
Market Improvement Value: $1,155,207

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,148,608

Sales

Current Sale Contract Date: May 25, 2022

Current Sale Recording Date: May 26, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 34160
Previous Sale Recording Date: Feb 09, 2022
Previous Sale Contract Date: Feb 07, 2022
Previous Sale Amount: $3,765,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Orchid

Stats & Trends

Median Asking:

$4,084,550

Sale Price/ft²

$983

Below Asking

0.01%

Average Days on Market

106

Average Home Size

4973 ft²

Average Home Age

25.4 years

Currently For Sale

7 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: Anne T Torline
Orchid Island Realty
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10764878

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.